How risky is it to extend Canadian mortgage amortizations?
By Nivedita Balu and Fergal Smith TORONTO (Reuters) – Canada’s record pace of interest rate hikes has led to the…
Economy
Embraer lags in orders at Paris Airshow, but longer-term recovery seen
By Gabriel Araujo SAO PAULO (Reuters) -Investors were left disappointed by weaker-than-expected order numbers for Brazil’s Embraer at the world’s…
Cryptoverse: Bitcoin bounces on BlackRock buzz
By Lisa Pauline Mattackal and Medha Singh (Reuters) -What would Satoshi make of it all? Bitcoin, the currency created to…
US’s Sherman, China’s ambassador hold call after Blinken’s Beijing trip
WASHINGTON (Reuters) – U.S. Deputy Secretary of State Wendy Sherman held a call with China’s ambassador to the United States…
U.S. debt investors as climate-focused as European peers, survey finds
By Tommy Wilkes LONDON (Reuters) – U.S. asset managers factor greenhouse gas emissions and other climate risks into their debt…
Thomson Reuters to acquire legal AI firm Casetext for $650 million
(Reuters) -Thomson Reuters said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant…
Companies’ derivative bets to save on US debt costs turn riskier
By Shankar Ramakrishnan NEW YORK (Reuters) -A type of derivative trade that became popular with companies over the past year…
CEOs of major Brazil lenders see ‘unique opportunity’ for local economy
SAO PAULO (Reuters) – The chief executives of Brazil’s largest private lenders, Itau and Bradesco, defended on Tuesday the government’s…
Nissan board gains shareholder backing, must tackle surveillance claims
By Maki Shiraki and Daniel Leussink TOKYO (Reuters) -Nissan shareholders re-elected its chief executive and other board nominees on Tuesday…
Obesity drug Wegovy’s popularity has US employers rethinking insurance coverage
By Patrick Wingrove (Reuters) – Shawnte struggled with her weight for years before she was prescribed Novo Nordisk’s diabetes drug…